OLD National Bancorp IN Sells 11,815 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

OLD National Bancorp IN decreased its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 17.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 55,617 shares of the company’s stock after selling 11,815 shares during the quarter. OLD National Bancorp IN’s holdings in Invesco Preferred ETF were worth $641,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PGX. ACT Advisors LLC. bought a new position in shares of Invesco Preferred ETF during the third quarter worth $17,368,000. JPMorgan Chase & Co. lifted its holdings in Invesco Preferred ETF by 71.6% during the third quarter. JPMorgan Chase & Co. now owns 1,789,236 shares of the company’s stock worth $22,097,000 after acquiring an additional 746,783 shares in the last quarter. Barclays PLC lifted its holdings in Invesco Preferred ETF by 18,430.0% during the third quarter. Barclays PLC now owns 555,900 shares of the company’s stock worth $6,865,000 after acquiring an additional 552,900 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Invesco Preferred ETF in the second quarter valued at about $3,917,000. Finally, Acute Investment Advisory LLC bought a new stake in shares of Invesco Preferred ETF in the third quarter worth about $3,977,000.

Invesco Preferred ETF Trading Down 0.9 %

NYSEARCA:PGX opened at $11.55 on Friday. The business’s 50-day simple moving average is $11.68 and its 200-day simple moving average is $11.94. Invesco Preferred ETF has a fifty-two week low of $11.23 and a fifty-two week high of $12.54.

Invesco Preferred ETF Company Profile

The PowerShares Preferred Portfolio (Fund) is based on The BofA Merrill Lynch Core Fixed Rate Preferred Securities Index (Index). The Fund normally invest at least 90% of its total assets in securities that comprise the Index. The Index is designed to replicate the total return of a diversified group of investment-grade preferred securities.